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20121221
20121221
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and dole actually first met at a michigan army hospital while they were both recovering from wounds during world war ii. they went on, of course, to serve together in congress for over three decades. >>> now to business where the fiscal cliff negotiations, of course, weighing on the global markets. stock futures took a big hit after house speaker john boehner failed to rally the republicans around his so-called plan b. earlier yesterday markets actually rallied led by bank of america and jpmorgan. for more on what to expect from wall street today, my good friend, cnbc's ross westgate. happy holidays, sir. >> hey, brian. happy holidays. good to see you before christmas, brian. yeah, we closed high yesterday, but with the events that you've talked about, republicans in the end not holding that vote because john boehner couldn't muster enough votes to raise taxes on people earning over $1 million. futures took a bit of a dive. and right now, we're calling markets down here, the s&p down twre 20 points. there's concern now that boehner can't secure enough votes in the republicans to support wh
are incredible for portions of wisconsin close to 20 inches of middleton cross lanes and even michigan at a foot of snow. and with the blowing snow that is causing the treacherous conditions on the roadways and in the air. i want to point out we have another storm moving in the pacific northwest and california. this is the main event millions of people live here millions of people traveling to get home. low pressure system is centered across the great lakes, the cold front associated with it moving across the northeast. that low will move into canada and the front will push offshore later on today. for now anywhere from philly to boston very messy. a lot of folks heading to the airport. it will be a very trying morning unfortunately on all of the major airports across the corridor. that low moves into canada and the associated cold front will push out pretty quickly. by today around 9:00 a.m. moving nort new york city and by 3 p. mchl the bulk of the rainfall will be in new england and the snow. we will see the leftover snow across the great lakes. in some cases we could see a foot of snow. by s
and michigan. whiteouts led to a pileup of 25 vehicles near iowa falls, iowa. two lives were lost. weo others died in traffic on wednesday in nebraska. thousands were without power across the region as the thermometer headed into the 20s and lower. the blizzard's timing could not have been worse for the vanguard of holiday travelers. chicago's airports were filled with the delayed or the stranded. at least 500 flights were canceled. em, mayhem, a prelude to friday, the nation's busiest travel day of the holiday season. reatblizzard also threatened to delay christmas packages during the most intense period of deliveries of the year, but in belvedere, illinois, spencer hammer watched the flakes fall and cheered. he sells snowmobiles. what are you hoping for? >> well, if we can get 12 inches that will be fabulous, but we'll take four inch as this point. >> reporter: now, we're expecting the snow to continue through the night here in northern illinois before this storm moves off into canada. but, scott, it's still expected to drop a lot of rain on the northeast u.s. >> pelley: dean, thanks very m
winds off lake michigan. winds battering the indiana and illinois coastline. this will continue to push toward the east. more snow coming down. the heaviest amounts will begin to wind down, unless you live downwind of one of the great lakes. that lake effect snow will kick into gear. new york, a messy, messy start to your day. philadelphia as well. all up and down the i-5 corridor where it's a bit of a mix. winter storm watches and advisories are posted. the i-95 corridor will be mostly in the form of rain today. big travel day, obviously, for the holidays. it's going to put the brakes on chicago, new york, boston, all the northeast airports. >> as lots of people are trying to travel in and out. thank you so much. joining us to talk about the conditions in chicago is carmen assula from the illinois department of transportation. good morning. >> good morning. >> let's talk about the conditions right now. what's the situation there? >> right now the temperatures are under freezing, so we're watching for freeze back conditions, the fact that the temperatures didn't decline until after midn
. mia love joinsous that and then... >> caught on cam remarks have you seen the violence in michigan between pro-union protesters and right-to-workers. and new evidence that shows how crazy it's gotten. breaking news in the fiscal cliff crisis. speaker barron killing the vote on his plan "b." look. >> so here we are, ladies and gentlemen... in what appears to many to be dark days. the president is determined to leap off the cliff. >> what the american people are watching right here, right now is the tragic comedy because the other side knows quite well that even if this legislation passes the house today, it is going nowhere. >> president obama and if senate democrats haven't done much of anything. >> this is not a plan -- it's a ploy. >> people are not blaming obama for any of this mess yet. >> two republicans take up our bill in the house, the one that passed here, there is nothing to discuss. we are not taking up any of the things they are working on. >> this idea of passing plan "b" is dead on arrival. >> obama is getting credit for trying to fix it and trying to deal with it --
's a different story in the great lakes. it's a winter wonderland anywhere in the state of michigan. it snowed hard last night, northern indiana and much of the state of ohio right now is seeing snow. careful driving, interstate 70 going across the lower portions of the great lakes and the ohio valley. and the winds are gusting, too. we probably have a little bit of blowing and drifting snow in indiana, michigan and ohio. and again, those winds this morning around new york city could get as high as 60 miles per hour. the worst of it coming in the next three hours. so keep that in mind as you're driving on the roads or doing anything outdoors. as far as snowfall goes, over the next 24 to 48 hours, we're going to get lake-effect bands. we're also going to see snow on the backside of this big storm. western new york will get a good coating of snow between three to six inches in most locations. so the forecast over the next three days, today's the worst travel day by far, great lakes and the northeast. thankfully as we go through the weekend, it's a little chilly across the country, but the weathe
negotiations. let me bring in michigan congressman levin. nice to see you. so where do we go from here? >> i think speaker boehner has to decide whether he's a leader of a dysfunctional caucus or he's going to be a speaker of the whole house, work with democrats, go back and negotiate with the president. when the speaker says there's a perception that taxes were being raised, know the reality is under his proposal some taxes were going to be raised. and he has within his caucus a group that has really radicalized the republican party and his caucus who will not vote for any increase in taxes no matter what, even though we need that increase along with spending cuts. that's their problem. they have a radical group within their ranks. as steve latourret said it's a group that would rather be martyrs to the extremists than govern. >> you refer to congressman's remarks. i would like to play it because some of our audience members have not seen it. he's a republican and here's how he assessed what happened. let's play it. >> was there any pleas by any members to encourage them to go along with th
? >> we're looking for university of michigan, and it should come out momentarily. 72.9. so 72.9 on university of michigan sentiment survey. of course, this is the december final. it's going to be comped to 74.5. but that's a little bit disingenuous. it really should be comped at 82.7. that was the final reit to last month. we definitely take a bit of a backup here. how does 72.9 fit in. we vice president been below 72 point 9 since july. it was 72.3. maybe a little bit of a disappointment. of course, last night's issue with the vote, obviously didn't make the survey. but it will make the survey of what the markets try to define for the rest of the day. back to you. >> all right. thank you, rick santelli. jim, you know, let's talk about what's on "mad" tonight. >> tipco is one of these stocks, there's a bunch of them, i mentioned red hat. these are companies, s.a.p., oracle, you bring them in and you save money. you go to harrah's, and it's put together by their team. you know when you go into amazon, david let's say you like books on gardening, the next thing i know it puts yo
Search Results 0 to 7 of about 8

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